May 2023– Kinstellar has recently advised Tempo Software, a leading provider of portfolio management solutions for product development organizations, on the acquisition of Amovos, which operates the Old Street Solutions brand.

Old Street Solutions is an Atlassian Marketplace Partner simplifying Jira and Confluence with their popular Custom Charts for Jira and Custom Charts for Confluence apps. The acquisition will expand Tempo's Atlassian-based product suite providing users with easy-to-use, customizable data visualizations of Jira data, so teams can focus on getting work done quickly, not struggling with complicated corporate reporting tools.

Mark Lorion, CEO at Tempo Software, said:

We're thrilled to welcome Old Street Solutions to Tempo, as it marks another significant step forward in our mission to empower teams to work better together.Data visualization and reporting capabilities are essential to any Strategic Portfolio Management solution and help our customers to make informed decisions and improve their product development processes. Through it, we enable organizations to see their entire process clearly and to gain insights into optimizing their plans, capacity, and costs.

Kinstellar assisted with due diligence, transaction documentation and local law support on the transaction.

Financial terms of the deal were not disclosed.

The Kinstellar team in Bratislava was led by Adam Hodoň (Partner) and included Lukáa A. Mrázik (Managing Associate), Norbert `tilla (Associate), Dominika Biela (Associate), Matúa Kočíaek (Associate), Barbora Bláhová (Junior Associate), and Martin Dančo (Junior Associate).